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Platts: No need to make significant Dated Brent Changes

Posted to Maritime Reporter on December 3, 2025

S&P Global Energy Platts, at a London briefing on Wednesday, said that the Dated Brent crude oil global benchmark works well and there is no need to make significant changes in its methodology. Dated Brent is the benchmark for physical crude oil and it's used to price over 60% of global oil traded.

Taiwan's MFIG offers to purchase up to 65,000 metric tonnes corn

Posted to Maritime Reporter on December 3, 2025

European traders reported on Wednesday that Taiwan's MFIG buying group had issued an international tender for up to 65,000 metric tonnes of animal-feed grain from the United States or Argentina, Brazil, or South Africa. They said that the deadline…

South Korean milling groups buys around 30,300 tons of wheat from the US traders claim

Posted to Maritime Reporter on December 3, 2025

European traders reported that a South Korean group of flour mills bought approximately 30,300 metric tonnes of milling grain to be sourced in the United States at an international auction on Wednesday. All wheat was purchased on a FOB basis.

South Korea to purchase rice from China mainly for 58,244 tonnes

Posted to Maritime Reporter on December 3, 2025

Agro-Fisheries and Food Trade Corporation, a state-owned company in South Korea, has announced an international tender for the purchase of an estimated 58.244 metric tonnes of rice, mainly from China. European traders reported this on Wednesday.

Jordanian traders report that the country has issued a tender for up to 120,000 tons of wheat.

Posted to Maritime Reporter on December 3, 2025

The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from different origins. The deadline to submit price proposals in the tender is 9 December. Traders had expected a new…

Taiwan claims that China has sometimes staged mock attacks against foreign navy ships in the Strait

Posted to Maritime Reporter on December 3, 2025

A senior Taiwan official revealed on Wednesday that China's military simulates foreign naval vessels being attacked in the Taiwan Strait, and Taiwan shares information with international partners who operate in these waters. China, which claims democratically-governed Taiwan as its territory…

GRAINS: Soybeans rise on China's purchases; wheat increases on Black Sea tensions

Posted to Maritime Reporter on December 2, 2025

Chicago soybean futures climbed higher on Wednesday. This was largely due to the acceleration of U.S. soybean exports to China following months of tariff-related disruptions. However, concerns remain over China's general purchase pace. As of 0305 GMT…

Malaysia announces that the search for missing flight MH370 will resume in this month.

Posted to Maritime Reporter on December 2, 2025

Malaysia's Transport Ministry announced on Wednesday that the search for missing Malaysia Airlines Flight MH370 would resume on December 30. This comes more than a year after the flight, bound for Beijing, disappeared in what is considered one of aviation's biggest mysteries.

Grain futures are up on Black Sea tensions and US weather

Posted to Maritime Reporter on December 2, 2025

Analysts said that the benchmark Chicago corn and Wheat futures gained just over 1% Tuesday. They attributed the gains to concerns about tensions around the Black Sea Export Region as well as the cold weather in the Midwest of the United States.

Grain futures are up on Black Sea tensions and US weather

Posted to Maritime Reporter on December 2, 2025

Analysts said that the benchmark Chicago corn and wheat contracts rose by about 1% on Monday, boosted by concerns over tensions in the Black Sea grain-export region, as well as the cold weather that is slowing down grain movement in the U.S. Midwest.

PWHL Boston Fleet will play at TD Garden

Posted to Maritime Reporter on December 2, 2025

The Boston Fleet announced on Tuesday that it will be playing a spring game at TD Garden. On April 11, the PWHL team will host the Montreal Victoire at the Boston Bruins' and Boston Celtics' home. Laura Marie Davey, Fleet's director of business operations…

The price of EU wheat increases with Algerian tender and Black Sea tensions are in focus

Posted to Maritime Reporter on December 2, 2025

Euronext wheat recovered from its contract lows on Tuesday as an Algerian auction raised the prospect of new demand. Meanwhile, renewed threats against Black Sea shipping due to the Russia-Ukraine conflict also unnerved traders. The most active contract…

The price of EU wheat increases with Algerian tender and Black Sea tensions are in focus

Posted to Maritime Reporter on December 2, 2025

Euronext wheat recovered from its contract lows on Tuesday as an Algerian auction raised the prospect of new demand. Meanwhile, renewed threats against Black Sea shipping due to the Russia-Ukraine conflict also unnerved traders. The most active contract…

After attacks on oil tankers, Putin threatens to "cut Ukraine off from sea"

Posted to Maritime Reporter on December 2, 2025

In response to drone strikes on Russian "shadow fleets" of tankers in the Black Sea, Russian President Vladimir Putin on Tuesday threatened to cut off Ukraine's sea access. In a televised statement, Putin stated that the most radical solution would be to cut Ukraine from the sea.

Jordan does not purchase 120,000 metric tonnes of wheat in the tender, traders claim

Posted to Maritime Reporter on December 2, 2025

European traders reported that Jordan's state grain purchaser did not make any purchases in the international tender for 120,000 metric tonnes of milling wheat which ended on Tuesday. It is believed that only one trading firm, CHS participated in the Tuesday tender.

South Korea's NOFI purchases about 65,000 tonnes of feed wheat through a tender, traders claim

Posted to Maritime Reporter on December 2, 2025

European traders reported that the leading South Korean animal feed manufacturer Nonghyup Feed Inc., (NOFI), purchased approximately 65,000 metric tonnes of animal feed wheat at an international auction on Tuesday. The wheat of optional origin was purchased at an estimated price per ton of $261.65…

Ukraine's main farm exports jumped 12% from October to November, according to a lobby.

Posted to Maritime Reporter on December 2, 2025

The UCAB farm lobby said that Ukraine's agricultural exports increased by 12% in November compared to October, mainly due to higher grain shipments. Ukraine is one of the world's largest grain and oilseed exporters and producers. Agriculture exports make up more than half all Ukrainian exports.

South Korea's NOFI has bid for up to 65,000 tonnes of feed wheat.

Posted to Maritime Reporter on December 2, 2025

European traders reported on Tuesday that the leading South Korean feedmaker Nonghyup Feed Inc. (NOFI) had issued an international bid to purchase up 65,000 metric tonnes of animal feed wheat. The deadline to submit price offers for the tender is also on Tuesday, December 2.

Algeria announces tender for 50,000 tonnes of soft milling wheat

Posted to Maritime Reporter on December 2, 2025

Traders in Europe said that the state grain agency of Algeria, OAIC, has launched an international tender for soft milling wheat. The wheat must be sourced from origins other than Algeria. Algeria usually buys more than the nominal amount sought in its tenders.

China and Japan contradict each other on the incident around Senkaku Islands

Posted to Maritime Reporter on December 1, 2025

China and Japan have given conflicting accounts of the maritime incident involving their coastguards and a Japanese fisherman around the disputed Senkaku Islands. China's Coast Guard claimed that the Japanese fishing boat had illegally entered…

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